Lower the interest rate—Receive a 0.25 percentage point interest rate reductionwhile enrolled to make scheduled monthly payments by automatic debit.2

Borrow up to 100% of the school-certified cost of attendance.3

Cosigner release available. After graduation a borrower may apply for theircosigner to be released from the loan once they have made 12 consecutive, on-timeprincipal and interest payments and meet certain credit requirements.5

Pay now or later—Defer your payments until after school or choose an in-schoolrepayment option that fits your needs.1

Graduated Repayment Period—The Smart Option Student Loan was the firstnationwide private student loan to offer a Graduated Repayment Period feature6,providing budget flexibility for graduating students. Students maintain their Sallie Mae loans in good standing can request to make 12 interest – only payments instead of full principal and interest payments after they finish school.7

A quick credit result—Applying online is fast and easy. It only takes about 15 minutes to apply and get a credit result.

Borrow Ressponsibly

We encourage students and families to supplement their savings by exploring grants, scholarships, and federal and state student loans, and to consider the anticipated monthly payments on their total student loan debt and their expected future earnings before considering a private education loan.

This information is for borrowers attending degree-granting institutions only. You must be attending or have attended a participating school located in the U.S. during an eligible prior enrollment period. You must be a U.S. citizen or a permanent resident or a Non-U.S. citizen borrower with a creditworthy cosigner (who must be a U.S. citizen or permanent resident) and required U.S. Citizenship and Immigration Service (USCIS) documentation. U.S. citizens and permanent residents enrolled in eligible study abroad programs or who are attending or have attended schools located outside the U.S. are also eligible. Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.

SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.

Information advertised valid as of April 25, 2018.

* The Sallie Mae partner referenced is not the creditor for these loans and is compensated by Sallie Mae for the referral of Smart Option Student Loan customers.

1,2,3,5,6,7Click here for important information. Terms, conditions and limitations apply.